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Side-by-side financial comparison of SOLESENCE, INC. (SLSN) and Zedge, Inc. (ZDGE). Click either name above to swap in a different company.

SOLESENCE, INC. is the larger business by last-quarter revenue ($12.5M vs $7.6M, roughly 1.6× Zedge, Inc.). Zedge, Inc. runs the higher net margin — 10.4% vs 1.3%, a 9.0% gap on every dollar of revenue. On growth, Zedge, Inc. posted the faster year-over-year revenue change (5.8% vs -0.7%). Over the past eight quarters, SOLESENCE, INC.'s revenue compounded faster (12.5% CAGR vs -1.0%).

Zedge is a content distribution platform that provides consumers with a way to personalize their mobile devices. It has offices in Trondheim, Vilnius, and New York City.

SLSN vs ZDGE — Head-to-Head

Bigger by revenue
SLSN
SLSN
1.6× larger
SLSN
$12.5M
$7.6M
ZDGE
Growing faster (revenue YoY)
ZDGE
ZDGE
+6.5% gap
ZDGE
5.8%
-0.7%
SLSN
Higher net margin
ZDGE
ZDGE
9.0% more per $
ZDGE
10.4%
1.3%
SLSN
Faster 2-yr revenue CAGR
SLSN
SLSN
Annualised
SLSN
12.5%
-1.0%
ZDGE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
SLSN
SLSN
ZDGE
ZDGE
Revenue
$12.5M
$7.6M
Net Profit
$163.0K
$788.0K
Gross Margin
27.5%
Operating Margin
1.5%
12.0%
Net Margin
1.3%
10.4%
Revenue YoY
-0.7%
5.8%
Net Profit YoY
129.2%
332.4%
EPS (diluted)
$0.00
$0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SLSN
SLSN
ZDGE
ZDGE
Q4 25
$12.5M
$7.6M
Q3 25
$14.6M
$7.5M
Q2 25
$20.4M
$7.8M
Q1 25
$14.6M
$7.0M
Q4 24
$12.6M
$7.2M
Q3 24
$16.9M
$7.6M
Q2 24
$13.0M
$7.7M
Q1 24
$9.9M
$7.8M
Net Profit
SLSN
SLSN
ZDGE
ZDGE
Q4 25
$163.0K
$788.0K
Q3 25
$-1.1M
$-559.0K
Q2 25
$2.7M
$185.0K
Q1 25
$80.0K
$-1.7M
Q4 24
$-559.0K
$-339.0K
Q3 24
$3.0M
$-39.0K
Q2 24
$856.0K
$113.0K
Q1 24
$893.0K
$-9.2M
Gross Margin
SLSN
SLSN
ZDGE
ZDGE
Q4 25
27.5%
Q3 25
23.1%
Q2 25
28.9%
Q1 25
23.1%
Q4 24
22.0%
Q3 24
36.2%
Q2 24
28.7%
Q1 24
36.3%
Operating Margin
SLSN
SLSN
ZDGE
ZDGE
Q4 25
1.5%
12.0%
Q3 25
-5.4%
-9.6%
Q2 25
9.4%
2.1%
Q1 25
1.8%
-31.8%
Q4 24
-1.8%
-6.4%
Q3 24
19.0%
-0.8%
Q2 24
8.0%
-1.7%
Q1 24
11.3%
-153.5%
Net Margin
SLSN
SLSN
ZDGE
ZDGE
Q4 25
1.3%
10.4%
Q3 25
-7.7%
-7.5%
Q2 25
13.1%
2.4%
Q1 25
0.5%
-24.1%
Q4 24
-4.4%
-4.7%
Q3 24
18.1%
-0.5%
Q2 24
6.6%
1.5%
Q1 24
9.0%
-118.8%
EPS (diluted)
SLSN
SLSN
ZDGE
ZDGE
Q4 25
$0.00
$0.06
Q3 25
$-0.02
$-0.04
Q2 25
$0.04
$0.01
Q1 25
$0.00
$-0.12
Q4 24
$0.00
$-0.02
Q3 24
$0.04
$0.00
Q2 24
$0.01
$0.01
Q1 24
$0.02
$-0.66

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SLSN
SLSN
ZDGE
ZDGE
Cash + ST InvestmentsLiquidity on hand
$1.3M
$18.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$17.6M
$25.9M
Total Assets
$50.1M
$36.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLSN
SLSN
ZDGE
ZDGE
Q4 25
$1.3M
$18.5M
Q3 25
$429.0K
$18.6M
Q2 25
$4.1M
$20.4M
Q1 25
$1.8M
$20.1M
Q4 24
$1.4M
$20.2M
Q3 24
$2.9M
$20.0M
Q2 24
$2.4M
$19.9M
Q1 24
$2.0M
$18.1M
Stockholders' Equity
SLSN
SLSN
ZDGE
ZDGE
Q4 25
$17.6M
$25.9M
Q3 25
$17.2M
$25.9M
Q2 25
$18.2M
$28.6M
Q1 25
$15.2M
$28.2M
Q4 24
$14.9M
$30.1M
Q3 24
$15.2M
$30.9M
Q2 24
$11.9M
$30.9M
Q1 24
$5.0M
$30.7M
Total Assets
SLSN
SLSN
ZDGE
ZDGE
Q4 25
$50.1M
$36.0M
Q3 25
$54.0M
$35.7M
Q2 25
$60.0M
$37.8M
Q1 25
$57.0M
$37.1M
Q4 24
$50.0M
$38.2M
Q3 24
$48.0M
$38.2M
Q2 24
$40.8M
$38.1M
Q1 24
$38.5M
$37.1M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SLSN
SLSN
ZDGE
ZDGE
Operating Cash FlowLast quarter
$1.8M
$825.0K
Free Cash FlowOCF − Capex
$808.0K
FCF MarginFCF / Revenue
10.6%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
11.16×
1.05×
TTM Free Cash FlowTrailing 4 quarters
$3.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLSN
SLSN
ZDGE
ZDGE
Q4 25
$1.8M
$825.0K
Q3 25
$-2.5M
$674.0K
Q2 25
$-654.0K
$870.0K
Q1 25
$-7.2M
$708.0K
Q4 24
$2.2M
$1.2M
Q3 24
$4.2M
$695.0K
Q2 24
$-565.0K
$2.3M
Q1 24
$-3.9M
$1.6M
Free Cash Flow
SLSN
SLSN
ZDGE
ZDGE
Q4 25
$808.0K
Q3 25
$640.0K
Q2 25
$851.0K
Q1 25
$689.0K
Q4 24
$-404.0K
$1.2M
Q3 24
$2.8M
$683.0K
Q2 24
$-1.0M
$2.3M
Q1 24
$-3.9M
$1.6M
FCF Margin
SLSN
SLSN
ZDGE
ZDGE
Q4 25
10.6%
Q3 25
8.6%
Q2 25
11.0%
Q1 25
9.9%
Q4 24
-3.2%
16.1%
Q3 24
16.6%
9.0%
Q2 24
-8.0%
30.4%
Q1 24
-39.9%
20.0%
Capex Intensity
SLSN
SLSN
ZDGE
ZDGE
Q4 25
0.2%
Q3 25
0.5%
Q2 25
0.2%
Q1 25
0.3%
Q4 24
20.6%
0.2%
Q3 24
8.3%
0.2%
Q2 24
3.7%
0.2%
Q1 24
0.9%
0.0%
Cash Conversion
SLSN
SLSN
ZDGE
ZDGE
Q4 25
11.16×
1.05×
Q3 25
Q2 25
-0.25×
4.70×
Q1 25
-90.26×
Q4 24
Q3 24
1.38×
Q2 24
-0.66×
20.73×
Q1 24
-4.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SLSN
SLSN

Segment breakdown not available.

ZDGE
ZDGE

Zedge Marketplace$7.1M94%
Other$468.0K6%

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